Physical lumber futures remain in a narrow trading band, with the nearby contract price in an under $150 range in 2024. The consolidation of lumber futures has caused the band between annual highs and ...
Lumber prices are influenced by interest rates, which impact mortgage rates and new home construction. Weyerhaeuser Company is a real estate investment trust that benefits from stable to rising lumber ...
The CME’s continuous physical lumber futures contract fell 22.99% in Q2 and was down 21.24% over the first six months of 2024, closing Q2 at $450.50 per 1,000 board feet. In a July 4, 2024, Barchart ...
In a February 27, 2024, Barchart article on lumber demand, as the market moved toward spring 2024, I wrote: I believe the current environment limits lumber’s downside. At the same time, the price ...
In today's edition of ChartWatch Markets, we'll be covering the technicals for: Nasdaq Composite Bitcoin vs US Dollar Lumber Futures (Front month, back-adjusted) CME Um, we have a bit of a problem. 🤔 ...
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